Titan Industries today reported a 56.21% increase in net profit at Rs 32.18 crore for the second quarter ended September 30, 2006 as against Rs 20.60 crore in Q2FY06.}According to a release issued by the company to the BSE today, total income increased by 47.85% to Rs 524.06 crore from Rs 354.45 crore in Q2FY06.